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Phil Knight Makes $2 Billion Offer for NBA’s Blazers, NYT Says

Phil Knight
Phil KnightPhotographer: Patrick T. Fallon/Bloomberg

Nike Inc. founder Phil Knight and Alan Smolinisky, a partial owner of the MLB’s Los Angeles Dodgers, have made an offer for the NBA’s Portland Trail Blazers, according to the New York Times.

The bid is in excess of $2 billion, the Times said Thursday, citing people familiar with the proposal.